I believe the answer is: A. a retail bank
Retail bank is the type of bank that focus on serving personal customers for their daily needs.
- Saving and loans usually serve the customers who want to obtain loan to fund their business.
- Commercial bank usually used by someone who are guidance to manage their finance
- Investment bank facilitates the purchase of various investment products (such as stocks and bonds)
Answer: Vertical Supply Channel Conflict
Estee Lauder Co.now sells most of its flagship products directly online. This choice, made around 2000, resulted in substantial __________ with the various high-end retailers.
Horizontal supply chain conflict.
Vertical supply chain conflict.
Vertical channel dissonance.
Contract re-negotiations.
Explanation:
Vertical Supply Channel Conflict occurs between members of different supply channel levels. For example, between a manufacturer and a wholesaler or between a wholesaler and a retailer.
This is the type of conflict that arose from Estee Lauder's decision to sell online directly to customers.
Horizontal Supply Channel Conflict occurs between members of the same channel level. An example is two retailers selling the same brand in the same shopping mall.
Answer:
1.3
Explanation:
Given:
If Good C increases in price by 30% a pound.
This causes the quantity demanded for Good D to increase by 40%.
Question asked:
What is the cross-price elasticity of the two goods ?
Solution:
We can find the cross-price elasticity of the two goods by this formula:
When Good C increases in price by 30% which causes the quantity demanded for Good D to increase by 40%, then the cross-price elasticity of the is Good C and Good D is 1.3.
Answer: Structural Mobiility
Explanation:
Structural Mobiility can be described as changes that enable a whole group of people to either move up or down the economic class ladder.
Structural mobility is attributed to the changes in society or company as a whole, not just personal changes.
The changes done in John's illustration is a social change where a job that can be performed by humans are now performed by robots.
This change negatively affected John and his manufacturing company thereby bringing down John in the economic ladder as he moved down from the Middle class to a lower social class.
Answer:
According to fisher equation
(1+nominal Interest rate)=(1+real interest rate)(1+inflation)
1) So 1.17=(1+R)(1.13)
1+R=1.17/1.13
R=1.035-1
R=0.0353
Real interest rate = 3.53 percent
2) (1+NIR)= 1.03*1.04
1+ NIR= 1.072
NIR= 0.072
Nominal interest rate = 7.2 percent
A lender prefers a higher real interest rate as he will earn more money on the amount he has lend if the real interest rate is higher.
A borrower will prefer a lower real interest rate as he will have to pay lower interest payments on an amount if the real interest rate is lower.
Explanation:
